Lake Charles American-Press from Lake Charles, Louisiana on August 24, 1962 · Page 3
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Lake Charles American-Press from Lake Charles, Louisiana · Page 3

Lake Charles, Louisiana
Issue Date:
Friday, August 24, 1962
Page 3
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BUSINESS MARKETS STOCK MARKET Prices Lower During Quiet Early Trade STOCK AVERAGES Complied hy Th« Associated Pr«$« <0 Indust Rails util Stocks Prev. day 320.7 1M.1 128.7 226.4 W«ek aqo 314.4 103.3 124.4 222? Month ago 306.1 103.3 122.9 2168 rear aqo 3M 5 1744 1334 253.2 By ED MORSE AP Business News Writer NEW YORK (APi-Typical pre- weekend profit taking left the stock market irregularly lower in * 4 %»***«« »»#.*, i^ quid, trading early this afternoon. The Associated Press average' of 60 stocks at noon was off .6: at 225.8 with industrials lown l.l, 1 rails off .1 and utilities off .3.1 Key stocks were unchanged to fractionally lower for the most part. Some higher priced, or more volatile issues which have made i big gains recently were down a ' point or more. i Brokers said thai, the market, i having surged back to recover all i losses since the sharp plunge of I "Black Monday," May 28, was in : a vulnerable position. This, combined with the normal unwilling- I ness of traders to be caught out *. on * limb over the weekend dampened trading spirit. The trend was mctijrately lower, among many leading groups, including steels, motors, chemicals, oils, rubbers and electrical | equipments. Dritgs were also off a bit on balance, showing no un- ; usual reaction to passage by the Senate of tighter legislation on prescription drugs. | IBM continued under mild prof-i it taking Following its run up this week. The stock was off a point, or so, remaining well above the J significant 400 level. The latest cigarette-cancer story linking filter tip cigarettes with cancers in mice had no particular effect on tobacco shares which traded unchanged to mildly lower, along with many other stocks. The Dow Jones industrial average at noon was off 3.56 at 612.44. Utilities led corporate bonds higher. U.S. government bonds i were unchanged to a shade lower lover the counter. T)OW TfTNTFS PR|I)AY ' AU6 - 24 ' 1962 ' lt ** cf<arle * American Press. (Courfijy of A. 6. Edwards & Sons, 197 Weber &idg.) FRIDAY Fourth Hour Averages: Industrlols 412.70 off 3.30 Roils 124.01 up .14 Util ties 130.91 up .09 Fourm Kour Stacks: Allied Chemlcols 38'« American Bakeries 23': American Can 44'i American T&T 1M ; Anaconda 43'.i Armour & Co *1 i Boeing Aircraft «Vi! Bronlff 9H| Cities Service W* i Continental Oil 50'«, Eastern Airlines 18"»! Firestone 3K'« Ford MVn General Dynamics Wt General Motors 53 2 General Telephone 21 1 * W. R. Grace 36 Gulf Oil 35'« Gulf States 35 1 * Hercules Powder 3V-i Kennecott Copper 70'* Lockheed 52 Mack Trucks 38'n Montgomery Ward IT t National Airlines 17 3 < Olln Mathlcson 32"? Pan American 20's J. C. Penney 43^s Peosi Cola 41''i Pittsburgh Plate 5?'i Polaroid 107i» RCA 4? Sears Roebuck 7? 7 i Socony Mobil 51'i Southern Pacific Standard of California 57'j Three-Power Talks on Ban Will Resume GENEVA 'AP>— The three nuclear powers agreed today to resume negotiations Tuesday for a test ban treaty. Ambassador Arthur H. Dean of the United States stressed, however, that, the Rap between F'.nst and West on the nuclear lr>.( ban issue has not horn narrowed in private la!k<; with Yasily V. Kuz- nctsov. Soviet deputy foreicn min- isler. The 17-nalion disarmament conference's ntieloar lost ban suhcnm- mittee suspended its meeting two weeks ago because of a tiuht dead- lock over Soviet refusal to accept' the principle of on-sitc inspection? to police a ban on underground explosions. Dean and Ku/nctsov announced to the conference, however, their agreement in private talks to un-, dcrtake new negotiations. Dean said Britain, the other party to the talks, had been fully consulted on: the decision. India's Arthur Lall and Ambassador Faltah Hassan of the United Arab Republic had urged Dean and Kuznetsov to hold private nreetings with a view to getting the nuclear talks started again. WRINKLES XFU- YORK :— f 'li 5CI- m^ \t.\RIF, DAVANT I '•('•: impt»\''- Texas Co. . Unilrrt Gas U. S. Strel Wnolworth , Zenith STEFAN STUDIOS Special On PORTRAITS 1 8x10 PLUS « WALLET SIZE PICTURES Ren. «.« NOW R1.95 J.WS Rvon, nt Pnen Loke Rd. s t a n c f. mnrlr with quirksiivcr that works wonder. < on wrinkled, roushened face and hand'. Use it onr timr and it is »• n t i r H y possible you ^\i tnrru rirxt moriiincr. In n f^u <i. INS tlry-vkin wrinkles start to vaiiiOi. M.iny of tho .small on« a rmi riff tii' 1 r\cs and montli h.\\f .-ilrcadv di>;i|ip>\m:d. Bur. i.s imt. all! ; OM-Aec" .weathered, brown spots on linnrK- and ;mm — brown "ajtf" darkness on surface of face and nrrk fades auay! Ri ( h oils lubricate pores so blackheads ran Davant ,«iip oirf without jqurrzirflj;. Sttf* iacf. pimples and blemishrl and '.tear.', ourwardty dry up or beconT 1 . less able! But don't tak« mv word for it. Make a 6-day test with* out risking one penny. Just get a jar of Peacock's Imperial Crrme at your favorite department or drug store. Use thi< thrilling cream for 6 days—an*! if you are not delighted with rosuits, full price will l>e refunded. No questions a^ked. Pe.ico< k'x Crpnic can work wonders fr>r wrinkle, lines, brown spots and othrr weathered blemishrs. $2.00 phis tax. You may obtain Imperial Crenie at: MULLER'S •**"*?' Vrt&^S"v-™<t?q»!'/V>'>>?'-v/vy!t*Z''»#>''' '}-, »•*« * « v«« ••> ~* - «««- -~.*«* * • *!**** ""* ,. ,** •""--.««. SHOP SATURDAY 9 A.M. TO 5:30 P.M. «t I *»««f»»"-»-. ,l,. r .., ! X basic college or career requirements D new favorites . . , American girl casuals 7.95 & 8.95 wonderfully soft and lightweight. ,. cabretta leather jacket 29.95 AND UP FASHIONED BY HIGHLANDER It'* the nenJe^t . . . beaulifully lailorpd. soft and supple leather jack?! any girl could \\ish for. Fashioned of cabrella leather skins by Highlander Fashions into classic, cardigan and gator trimmed styles. Lightweight, yet so warm. Just \\ipe clean wth a damp cloth Order yours proportioned to fit in tall or short sizes, 8-18. White beige or cam 0 ! SPORTSWEAR • THIRD FLOOR "•'• "*—">*»• . * «J.-<«.», ....... , \ '' ' ! S 1 «•»»••«« >^- /• ' * „ -..-». «• ir? V- * ***< »< V »• - v > <•*-•-* 1*- ». l;- : fl| .>r\ N- *4 m " m i 1:14, f \ 1*"'?'* >•• •*'• -•«>«•»*; ; * Fashion relaxes . . . in casual comfort. Shown, top to bottom; Ili.FJ. Wedge style little boots in black, 8.95-Twlst, multi-color leather and multi• black velvct SHOE SALON • STREET FLOOR D washable leather school handbags 2.98 Fashion right handbags in top handle, clutch or chain handle styles by Margolin. Washable leather for hack to school neatness. Choose from our col. orful assortment; black, bone, otter, red or brown. HANDBAGS • STREET FLOOR D Bonnie Boon back-to-school socks Leg beauty for style.conscious coeds. Pack several styles for every campus occasion. White super wright combed cotton crew socks, sizes 7-11, 65c and 59c—Bonnie Doon "Snuggler 1 ' bobbic sox, sizes 7-11, 69c—Medium weight Orion Stretch crew sox, 1.00—Fine cotton anklets with turn clown cuff, sizes 7-11, 45c—Ban-Lon anklets, finest quality with turn down cuff, S-M-L, 79c— Knee Hi cable stitch stretch socks, fall shades of red, blue, charcoal, sizes S-M-L. LOO. HOSIERY • STREET FLOOR D Coro's campus bound jewelry 2.00 Coro's new fall collection of gold and silver jewelry adds sparkling highlights to a campus wardrobe . . . Necklaces, earrings, pins, bracelets and pendants to dazzle and bedazzle. JEWELRY • STREET FLOOR DShip 'n Shore co-ed blouses 2.98 & 3.98 Hack to books means back to blouses . . by Ship 'n Shore! Left — Neatly narrowed collar tnd placket in smartly reduced dimensions. Eas> ara all cotton. While, pastels, sherbet tones, .98. Right— richly embroidered ribbon beautifies ihis blouse along with other lovely assets: fine-line Uu'kiug, uipered button sleeves and fashioned in Ban-Care all cotton, no-irun. Choose from vvhila and soft paslels, 3.98—Both in sizes 30 to 38. DHKSS ACCESSORIES § STREET FLOOK "CHARGE-IT" ALL AT

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